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Duplex with Private Yards
For Sale
$284,500

2116 Zephyr Circle, Ingleside, TX 78362

Residential, Ingleside, TX

Property Size1,932 SF
Lot Size0.18 Acres
Price / SF$147.26
Days on Market140

Property Features for 2116 Zephyr Circle

General Information

Property type Residential Multi Family
Property subtype Other
Interior features PrimaryDownstairs, CableTv, CeilingFans
Appliances Dishwasher, Disposal, Microwave
Subdivision Ingleside-Belaire Park
Lot features Interior Lot
Elementary school Ingleside
Middle school Ingleside
High school Ingleside
Elementary school district Ingleside ISD
Middle school district Ingleside ISD
High school district Ingleside ISD
Standard status Active
APN 37283
Size 1,932 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description BELAIRE PARK BLK 3 LOT 11
Tax Annual Amount 4930
Legal Description BELAIRE PARK BLK 3 LOT 11

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

private yard
fully equipped kitchen with built-in dishwasher, microwave, and refrigerator
washer and dryer connections
wood-burning fireplace

Building Details

Year built 1970
Floors in Building 1
Number of units 1
Flooring type Tile
Roof type Shingle
Listing Agency: Vaden MacLeod Real Estate
Listed By: Autumn MacLeod · License #0609498
Added: May 21 Changed: Sep 21 Last Checked: Oct 7 at 5:06AM
MLS# 476815

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bathroom residences totaling 1,932 square feet. Each unit has a private yard and carport, along with a kitchen equipped with a built-in dishwasher, microwave, and refrigerator. Washer and dryer connections, tile flooring, ceiling fans, central air conditioning, and electric central heating support everyday use, while each residence also includes a wood-burning fireplace.

Built in 1970 on a 0.1768-acre lot, the property is served by public water and public sewer and has a shingle roof. Its Ingleside setting places the duplex near Live Oak Park, local schools, and major industry employers. The two-unit layout can accommodate an owner-occupant using one residence while leasing the other, or an investor seeking a residential income property.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units totaling 1,932 square feet
  • Each unit includes a private yard and carport
  • Built‑in dishwasher, microwave, and refrigerator in each kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,858
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,160 $357.2K
Cap Rate 7%
$255,114 $255.1K
Cap Rate 9%
$198,422 $198.4K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$29.0K $15.00/SF
− Vacancy
−$3.5K −$1.80/SF
EGI
$25.5K $13.20/SF
− OpEx
−$7.7K −$3.96/SF
NOI
$17.9K $9.24/SF
Area
San Patricio County, TX
Vacancy
11.97%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,160
Cap Rate 7%
$255,114
Cap Rate 9%
$198,422

Alternative Uses

Best Use
Multifamily LT 5
$255.1K
$223.2K – $297.6K (±1% cap)
NOI $17,858 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$226.1K
$197.8K – $263.8K (±1% cap)
NOI $15,825 @ 7.0% cap · market cap 5.56%
Theoretical Best
Hotel Hospitality
$991.1K
$867.2K – $1.16M (±1% cap)
NOI $69,378 @ 7.0% cap · market cap 24.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Law Firm Plumbing Service Spa & Massage Center Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 78362, TX

10,238
Population
4,701
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
86%
High-School Grad
18.3 sq mi
ZIP Area
559
Density / Sq Mi
$78,698
Median Household Income
$41,240
Median Earnings
$1,226
Median Rent
$182,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units include carports, equipped kitchens, laundry connections, and wood-burning fireplaces.
Where is this duplex located?
The property is located at 2116 Zephyr Circle Ingleside, TX.
What is the asking price?
The asking price for this property is $284,500.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units totaling 1,932 square feet; Each unit includes a private yard and carport; Built‑in dishwasher, microwave, and refrigerator in each kitchen
More about this property
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